From my current role as Revel’s Chief Strategy Officer, I am very familiar with the latest developments in point of sale (POS) technology. Not only that, but I’ve had an opportunity to witness major changes in the POS space throughout my career. In this blog post, I’ll leverage those insights to...
read moreArtificial intelligence forecasting for restaurants can alleviate the unpredictability that has long challenged the industry. Machine learning can tell you more than you could have learned before about when customers are most likely to come to your...
NFC technology is seen by many as the future of contactless payment. In fact, NFC mobile payments are already in use in other applications like train stations and office buildings.
Customer value management is pivotal to improving retail sales, regardless of what you sell. You're surely already taking into account what your customers value about your company. However, when you utilize customer value management to increase...
Artificial intelligence (AI) is making inroads into every field of business, and the restaurant industry is no exception. Chatbots and other forms of machine learning-based technology are now used byalmost 70% of companies to reduce costs.
In an increasingly digital age, consumers are often left feeling that there is less personalization in their everyday interactions. As online ordering and delivery apps replace meals out at local restaurants and e-commerce shopping competes with...
What is Demand Forecasting? The Details You Need to Know Countless variables can affect how much product you will sell in a given period.
How to Start a Restaurant If food is your passion, there’s a chance you’ve thought about how to start a restaurant business. Food is an excellent concept for a business: though certain trends come and go, the desire to have great food and share it...
Restaurants depend heavily on the loyalty of their patrons. Since people tend to pay attention to how much they're paying for their food, changing menu prices is a dangerous game for restaurants. That’s why dynamic pricing in restaurants hasn’t been...
At first glance, it may seem obvious what customers value about restaurants: good food, a pleasant environment, and reasonable prices. There's no arguing that these are the primary features of customer value management, but your customer base may...